Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “trade deficit”

See all translations

trade deficit

noun [C, usually singular]
 
 
( also trade gap) ECONOMICS, COMMERCE, FINANCE
a situation in which the value of goods that a country imports is more than the value of goods it exports, or the size of this difference: trade deficit in sth America's trade deficit in goods and services increased.have/run/post a trade deficit Brazil has run a $14 billion trade deficit with the US.reduce/shrink/cut the trade deficit These export subsidies certainly don't reduce the trade deficit. an annual/monthly trade deficit a ballooning/huge/record trade deficit a goods/merchandise trade deficit
→  Compare trade surplus
(Definition of trade deficit from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of trade deficit?
Add Cambridge dictionaries to your browser to your website

Definitions of “trade deficit” in other dictionaries

Word of the Day

luck

the force that causes things, especially good things, to happen to you by chance and not as a result of your own efforts or abilities

Word of the Day

A certain je ne sais quoi: French words and phrases used in English

by Liz Walter,
January 21, 2015
It is an odd irony that the more sophisticated your use of English is, the more likely you are to use French words and phrases. Or, to be more accurate, ones you know to be French – words such as ballet, au pair, abattoir, fiancé, café, and restaurant are so entrenched in

Read More 

micro pig noun

January 26, 2015
an extremely small pig, bred to be a pet Micro pigs have become popular pets recently, with famous owners including Victoria Beckham, Paris Hilton and Olympic diver, Tom Daley.

Read More